YEARLY HIGH
2.0399 JMD
YEARLY LOW
1.8784 JMD
YEARLY AVERAGE
1.9714 JMD

2017 INR to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the INR to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 17, valuing the pair at 2.0399. Conversely, the yearly low was recorded on January 11, dropping to 1.8784.

This high-to-low spread represents a total annual volatility of 0.1615 JMD. From a start-to-finish perspective, comparing the January average rate of 1.8922 to the December average rate of 1.9485, the exchange rate registered a net change of 2.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.0399 was up 4.86% compared to the 2016 peak of 1.9454, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 509,974 JMD
2016 Average 465,608 JMD
Yearly Trough Low 469,593 JMD
Transaction Impact: A difference of 40,381.12 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.0283
1.8798
JanuMarcMayJulySeptNove

INR to JMD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1.9654, compared to 1.9774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 1.9654
H2 Avg (Jul–Dec) 1.9774

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0864 JMD (High: 1.9984 / Low: 1.9121). On the other end, December was the most stable month, with a tight range of 0.0235 JMD (High: 1.9621 / Low: 1.9387).

March Spread (Volatile) ±0.0864
December Spread (Stable) ±0.0235

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0474 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0474

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 2.0159) against the same month in 2016 (average: 1.9083), the exchange rate shifted by +0.1077 (+5.64%).

2017 Avg (September) 2.0159
2016 Avg (September) 1.9083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9027 1.8784 1.8922
February 1.9404 1.9090 1.9227
March 1.9984 1.9121 1.9540
April 2.0194 1.9741 2.0005
May 2.0236 1.9953 2.0090
June 2.0265 1.9960 2.0138
July 2.0054 1.9643 1.9885
August 2.0228 1.9817 1.9964
September 2.0399 1.9812 2.0159
October 2.0060 1.9527 1.9686
November 1.9720 1.9169 1.9465
December 1.9621 1.9387 1.9485